When was property at 240 Independence Drive built and last sold?

The property at 240 Independence Drive was built in 2002 and last sold on Aug 18, 2023 for $320,000.

How much is this home worth?

The estimated value of the home located at 240 Independence Drive is $325,861.

What are some comparable homes to 240 Independence Drive?

There are currently no comparable homes to 240 Independence Drive.

Elkton

21921

240 INDEPENDENCE DR

$320,000

● House - Off Market

240 INDEPENDENCE DR

ELKTON, MD 21921

4 Beds

3 Baths, 1 Half Bath

2,040 Ft²

$319,027

RealtyHop Estimate

-0.27%

Since Aug 1, 2023

National-US

Primary Model

About This Property

This property presents a fantastic investment opportunity for those willing to give it some tender loving care. With a fenced backyard, this home offers privacy and security for you and your loved ones. Located just minutes away from Newark, I-95, and Elkton, this residence enjoys convenient access to major transportation routes.

While the property requires some TLC, it holds immense potential for investors looking to add value and transform it into a desirable living space. With your personal touch and renovations, this property can be turned into a charming home that meets your unique vision.

Don't miss out on this chance to create a valuable investment in a great location. Seize this opportunity and schedule a viewing today!

Unit Size

2,040 Ft²

Days on Market

Land Size

0.24 acres

Price per sqft

$157

Property Type

House

Property Taxes

$245

HOA Dues

$130

Year Built

2002

Payment Calculator

Cap Rate Calculator

Last updated: 4 years ago (Bright MLS #MDCC2009296)

Price History

Date / Event	Date	Event
Sep 11, 2023	Sold	Premium
Sold
Jul 28, 2023	Sold	Premium
Sold
Jun 26, 2023	In contract	-
In contract
Jun 16, 2023	Listed by Compass	$319,900
Listed by Compass
Dec 1, 2006	Sold	Premium
Sold
Aug 18, 2006	Sold	Premium
Sold

Property Highlights

Garage

Air Conditioning

Building Info

Overview

General

Year Built: 2002

Effective Year Built: 2002
Bedroom Count: 0
Bathroom Count: 3
Full Bathrooms: 2
Partial Bathrooms: 3
Building Condition: 6
Building Quality: 4
Construction Type: 0
Building Style: 0
Exterior Walls Type: 25
Interior Walls Type: 0
Roof Shape Type: 0
Roof Cover Type: 3
Floor Count: 200
Living Units: 1
Floor Cover: 0
Basement Type: 9
Basement Area: 0
Garage Type: 1
Garage Square Area: 231
Parking Space Count: 1
Patio Type: 0
Porch Type: 0
Pool Type: 0

Dimensions

Lot Size Square Feet: 10,499

Total Building Area: 2,042
Gross Building Area: 2,042
Building Area: 2,042
Building Area Measurement: T

Heating and Cooling

Air Conditioning: 13

Heating: 4
Heated Square Feet: 2,042
Heating Fuel Type: 0

Utilities

Sewer System: 5

Water Service: 0

Building

Building Type: 0

Property Class: R
Subdivision: WASHINGTON WOODS
Land Acres: 0000000241
Standard Land Use Code: 1001
County Land Use Code: R-A001
Legal Description 1: LOT 43 - .241 ACRE 240 INDEPENDENCE DRIVE WASHINGTON WOODS

Neighborhood

School District Name: Cecil County Public Schools

Census Tract: 030508

Zoning

Zoning: R3

Geography

Assessors Map Reference: 27I 3 2238

Account Number: 107779
District: 03
Section: 6
Parcel: 03-107779
Lot: 43
Municipality: ELKTON
Latitude: 39.6164
Longitude: -75.7973

Address

Full Address: 240 Independence Dr

Address - House Number: 240
Address - Street Name: Independence
Address - Suffix Type: Dr
State: MD
City Name: Elkton
Carrier Code: C016
4-Digit Zip Code: 5826
Zip Code: 21921

Valuation

Tax

Tax Year: 2023

Tax Amount: $324,167
Tax Rate Code Area: 030

Appraisal Valuation

Standard Deviation: 0.2259

Valuation Date: Jan 03, 2024
Confidence Score: 68
Final Value: 339,283
High Value: 415,930
Low Value: 262,637

Open Liens

Total Open Liens:

Premium

Total Open Liens Amount:

Premium
First Open Lien Mortgage Lender:

Premium
First Open Lien Mortgage Recording Date:

Premium
First Open Lien Mortgage Financing Type:

Premium
First Open Lien Mortgage Loan Amount:

Premium
First Open Lien Mortgage Term:

Premium
First Open Lien Mortgage Position:

Premium
First Open Lien Mortgage Loan Type:

Premium
First Open Lien Mortgage Loan Due Date:

Premium

Market Valuation

Market Total Value: $228,600

Market Land Value: $61,700
Market Improvement Value: $166,900

Assessments Valuation

Assessed Year: 2023

Assessed Total Value: $226,533

Sales

Current Sale Contract Date: Aug 18, 2023

Current Sale Recording Date: Sep 11, 2023
Current Sale Price:

Premium
Current Sale Document Type: 27
Previous Sale Recording Date: Dec 01, 2006
Previous Sale Amount: $290,000
Previous Sale Document Type: 27

Last Sale Mortgage

First Mortgage Lender:

Premium

First Mortgage Transaction Date:

Premium
First Mortgage Loan Amount:

Premium
First Mortgage Terms:

Premium
First Mortgage Loan Type:

Premium
First Mortgage Loan Due Date:

Premium

Financing

First Mortgage Financing Type: ADJ

Data used for valuation calculations is provided by RealtyHop, and other third party sources

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Comparables

About Elkton

Stats & Trends

Median Asking:

$319,900

Sale Price/ft²

$180

Below Asking

0.01%

Average Days on Market

Average Home Size

1798 ft²

Average Home Age

53.1 years

Currently For Sale

53 Listings

Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

Unit for rent at 212 Patriots Way, ELKTON, MD, 21921

$2,800 /mo

5 Beds
3 Baths
2,584 ft²

212 Patriots Way, ELKTON, MD, 21921 Listing by Norman P Wehner

Rentals Near You

Click here to view more rentals in the neighborhood.

Listed by: Dustin Oldfather
Compass
Last Updated: 0 hours ago
Data Source: Bright MLS , MLS# MDCC2009296

The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms, and is provided by BRIGHT through a licensing agreement. Listing information is from various brokers who participate in the Bright MLS IDX program and not all listings may be visible on the site. The property information being provided on or through the website is for the personal, non-commercial use of consumers and such information may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on the website may no longer be available because they are for instance, under contract, sold or are no longer being offered for sale. Property information displayed is deemed reliable but is not guaranteed. Copyright 2026 Bright MLS, Inc.

240 INDEPENDENCE DR

About This Property

Price History

Property Highlights

Building Info

Overview

Building

Neighborhood

Zoning

Geography

Valuation

Comparables

About Elkton

Stats & Trends

Similar Homes for Sale

Nearby Rentals

Frequently Asked Questions